Friedberg states that 80 billion of California's 100 billion in new tax revenue went to public pensions, not schools.
“Not a big chunk, but I've done my part. And 80,000,000,000 of that went to increase and it was supposed to go to increasing schools and, like, health care services.”
Friedberg details California's revenue concentration: 150,000 people (top 1%) pay $70 billion, one-third of state's total revenue.
“That is 211,000,000,000 of revenue the state generates. A 142 of it comes from personal income tax. The top 1%, 150,000 people pay 70,000,000,000, pay half of that tax of that income.”